Nippon Paint (OTCMKTS:NPCPF) Posts Quarterly Earnings Results

Nippon Paint (OTCMKTS:NPCPF) issued its quarterly earnings results on Wednesday. The company reported $0.17 earnings per share (EPS) for the quarter, Zacks reports. Nippon Paint had a net margin of 10.22% and a return on equity of 10.65%.

Nippon Paint Stock Up 26.2%

NPCPF traded up $1.76 during trading hours on Wednesday, hitting $8.45. 1,768 shares of the company’s stock were exchanged, compared to its average volume of 6,594. Nippon Paint has a 12-month low of $6.00 and a 12-month high of $8.45. The firm has a 50 day moving average of $7.17 and a 200 day moving average of $6.44. The firm has a market cap of $19.67 billion, a P/E ratio of 15.09 and a beta of 0.01. The company has a current ratio of 2.15, a quick ratio of 1.77 and a debt-to-equity ratio of 0.63.

Nippon Paint Company Profile

Nippon Paint Holdings Co., Ltd. is a Japan-based coatings manufacturer with roots dating to 1881, when it began as a paint producer in Japan. The company develops and sells paints, coatings and related products for residential, commercial and industrial uses. Its products include decorative paints for buildings, automotive coatings, industrial coatings, marine paints and coatings, and specialty materials. These products are used by consumers, construction companies, vehicle manufacturers and other industrial customers.